Inflation remained stubbornly higher
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Federal Reserve, Inflation and Rate futures
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The details in the latest Consumer Price Index report could compel the Federal Reserve to raise interest rates.
U.S. stocks rebounded Friday and regained much of their losses for the week after oil prices eased off their recent spurt. An update on inflation across the United States that came in close to economists’ expectations,
A new surge in gasoline prices tied to the resumption of U.S.-Iran hostilities has raised the anxiety of Americans already worried about high inflation. A survey of consumer sentiment fell in early September close to an all-time low after another flareup in inflation and trade tensions.
Friday's figures bring the final 2027 COLA calculation closer to completion.
For investors in or near retirement, inflation is always a threat. TIPs can get it under control.
The U.S. Bureau of Labor Statistics reported that over the past 12 months, the average American’s real hourly earnings — which take wage gains and inflation into account — actually declined by 0.3%. The economy is still humming along, powered by consumer spending, despite the fact that real hourly pay has been on a downward trend for a while.
Asian shares are declining while tracking Wall Street losses. Oil prices have gained, with Brent crude trading above $108 a barrel in its highest level since May, as tensions intensified between the U.
Democrats are seizing on Americans’ worries about inflation as the midterm elections approach, and Sen. Kirsten Gillibrand has provided an example of that today with her statement reacting to the latest CPI report and record-high diesel prices.